The NASD has completed the sale of roughly 60% of Nasdaq to a group of members, market makers and issuers, and is now considering whether it should make Nasdaq stock available to the rest of the investing public.

Nasdaq adds four new directors to its board; LIFFE reveals the names of eight designated market makers for its new Universal Stock Futures product; ePIT Inc names Judy Batlin its director of human resources.

The relationship between an asset-management firm and its portfolio-management vendor is not a casual one. Choosing the wrong vendor or the wrong system can be the difference between success and an accounting nightmare.

Nick Manolis appointed to the executive team at Outsell, Inc., TD Waterhouse Quotes and News to be available to all AT&T Digital PocketNet subscribers. The SIA to hold a market data conference entitled "Spotlight on Market Data-What you need to know in 2001."

Mark Helmsley named chief information officer of the LIFF and Options Exchange's new technology business. The Board of Trade Clearing Corp. has selected three of its members for election to its board of governors. Louis Dreyfus rolls out a futures and options back-office processing system.

Palisade Corporation has releases a new version of its @RiskAccelerator. Algorithmics receives private financing from Commerzbank AG. Vendorbase.com to incorporate CertCo RMX, into its marketplace environment. Merrill Lynch and J.P. Morgan Chase signed on for Cygnifi's Trinity online legal risk management tool.

John Kim, president and ceo of Bond Book, talks shop with WS&T Associate Editor Cristina McEachern. The two discuss how Bond Book began, how the buy side became involved, why it will be successful and the Department of Justice inquiry.

Fidelity Investment selects Dow Jones for its newly enhanced Web site; Bridge appoints two new sales executives to its New England area; The Options Clearing Corporation upgrades the content and redesigns its Web site.

Understanding what's involved with electronic communication in today's financial arena of disparate protocols can be a complicated endeavor. With T+1 looming, it is essential that protocol overseers such as SWIFT and FIX Protocol Limited work together so everyone can be understood.

Broker dealers creating online bond trading consortiums say they are improving the fixed income markets for investors by increasing price transparency and liquidity. But the new B2B e-commerce ventures have prompted an inquiry by the Department of Justice's antitrust division.

The CME and CBOT have implemented dissimilar electronic trading strategies. While both exchanges are increasingly trying to attract electronic volume in Europe, the Merc has adopted a more open approach and seems to have the early lead on its cross-town rival.